Tesla stock is crashing. But why?

[supercutebutt]

Ugh. Why?

Ever since the cognitively challenged community voted in the pumpkin-hued doofus who immediately anointed Elon Musk to be the acting Presisident, Tesla stock has cratered. But why?

VOTE BELOW!

Tesla cars suck & people now know it.

Elon Musk is distracted & his company is suffering.

Elon Musk did a Nazi salute & people hate him for it.

This is just a blip. The stock will soon rise.

Nobody can afford Tesla cars in this era of Trump inflation.

Tesla stock has always been a bubble that will pop.

I have my own theory, which I will post below.

[lightbulb27]

Trump with support from Musk cancelled the federal tax benefit for all electric. That... is amazing give they are in power and could be the ones to force people to electric by mandate. Instead, they are removing the mandate, which means states like mine that were threatening to only sell EV cars by 2035... we'll... that ain't gonna happen. It'll be hybrids, which makes more sense... for now. Point being, rather than pad his own pocket on this one, he did what he thought was right knowinug the technology is not good enough.

To boot, so many manufacturers before their election were backpeddling on EV investment because they don't sell... the infrastructure not there, consumers don't buy, etc etc.. Honda, Stellantis, Ford...

Add to it all the other pressures like tariffs raise prices so shrinks market for "ludicrously" expensive cars not to mention ludicrouly priced stocks based upon false marketing (e. g. "they will be self driving next year...").

It;s only selling for a tiny PE of 171 PROJECTED NEXT YEAR EARNINGS...

Elon is very busy cleaning up govt to run the company...

Whom is gonna buy them with BYD and others selling cheaper cars using their cheap workers and 'their' technology made in china... which Tesla/Honda and others gave to them (under the Biden adminstraction motive possible... not saying it's their fault, just timing, but could be since they pushed it so hard). stupid whomever decided to send their plants and engineers to china, so now they can outcompete them!

[Syntosi]

You do realize that the reason Musk and Tesla wants to remove the tax benefit and mandate is because they dont want competition right? Tesla was only flourishing when they had the monopoly, through lack of competition. Now however they are losing market share and is in complete panic to try prevent other manufacturers from moving into their space or importing foreign electric vehicles.

[Anonymous]

Not just Tesla, electric cars in general are seeing a drop in sales. Electric cars are only a small portion of auto industry, and many within electric car market already have electric cars making the demand as high as it was a few years ago. In my opinion, it's a good thing demand for electric cars are on the decline, they are not as good for the environment as were led to believe, especially there batteries that require rare earth metals that are acquired through destructive mining that has major impacts on the environment.

[purplepoppy]

Well for a start Musk will sue YOU if the brakes in his cars don't work

https//www. independent. co. uk/tech/tesla-crash-brakes-musk-china-zhang-yazhou-b2697360. html

Then there's the fact no one wants to be seen in a Nazi mobile. As America turns on Europe with Tariffs your quite likely to find a brick thown through your window.

[dustybiker2]

Broken father in meltdown makes a chain of inappropriate choices and bombs his life's work.

[WhiteSteve]

.

[ProbablyClueless]

Tesla's value was always a byproduct of marketing hype. Actually, the entire EV thing was always a bit of a socially manufactured bubble; it never had much staying power. I watched a really interesting video analysis on YouTube that was breaking down the different market and technological factors that basically guaranteed that EVs could never be practical or popular outside of high income young professionals in cities.

Hybrid vehicles are fantastically popular in the countryside. The all-electric cars require too much infrastructure that doesn't exist outside of big cities to make them practical. Insurance companies hate insuring the vehicles because they cost too much. Battery tech prevents the range from being good enough to use the EVs for extended journeys.

A hybrid vehicle does a lot to solve those short comings.

[WindAtMyBack]

A combination of Tesla stock being way over priced, and the EV fad fading. EV sales in general have slowed down. The initial surge of EV sales saturated the market of the strongest potential buyers. The "maybe" buyers are comparing notes and deciding that EV is not the best option.

[DJB72]

Because the Demoncrats who want to virtue-signal like Alyssa Milano, henceforth referred to as "dumbass", said they want to get rid of their Tesla cars and buy a nice VW instead so they're not supporting a company created by a "fascist" 🤦

[supercutebutt]

You have hate in your heart. That's fine. Trump is jacking up your prices, so that brings me great comfort. You deserve to suffer. :)

[DJB72]

I hate hypocrisy and the saccharin of toxic lefties.

And since I own land in South Africa, Trump just gave me an engraved invitation to bring my skill set to the USA.

[supercutebutt]

Please stay put. Being an insufferable doof isn't a "skill set."

[Jey__]

I wouldn't buy a bicycle from this mutt. And he doesn't belong anywhere near government. Hard to believe that in nine years we went from Barack Obama to this slop.

[loveslongnails]

The hypocrisy of a Musk wanting to build massive battery plants and run electric vehicles on grids that can't support it, with buying out a President who is deeply invested in the fossil fuel industry? Oh, and he's a total asshole too.

[RavVid]

I am not interested enough to look at Tesla stock prices but as I remember they rose a lot around the first Tuesday in November so likely it is a correction of that. Normal for stocks to do this.

Maybe democrats are boycotting.

[supercutebutt]

When Elon goes to Hell for all eternity, who do you think will take over Tesla 🤔

[RavVid]

Maybe heaven and hell will take it turns and it will be Gabriel. :)

[DrPepper12]

All of the above. The collapse in Europe & petro states is SPECTACULAR!

[NatalieKeller95]

because electric cars suck, and people need to learn how to drive gas or diesel vehicles instead of being a moron, Tesla is like automobile autism

[Billlewis]

Because the electric vehicle boom is going to be on hold until Trump leaves office.

[DrPepper12]

Nope. California is in charge, not Trump.

[Anonymous]

Althou Elon has for years maintained Tesla's stock is overvalued.
There is probably an economic attack being waged upon the stock.

[supercutebutt]

Cuz he is a vile Nazi?

[Opinion Owner]

Elon is too much of a free speech libertarian to support any athortian or socialist party.

Grow up @supercutebutt

[supercutebutt]

Elon is for free speech? That's bullshit. He deletes and blocks people who disagree with him on X. You know this. So you are a liar, which isn't cool.

[DrPepper12]

LMFAO!!! Yes, that's likely a reason!!!

[Opinion Owner]

@supercutebutt
Why don't you produce an example to be discussed rather than simply say it happened.

[supercutebutt]

www.google.com/.../elon-musk-accused-of-censoring-right-wing-x-accounts-who-disagree-with-him-on-immigration-13280740

[Opinion Owner]

The article in question provides no evidence or details of the alleged offense @supercutebutt
and thus is no different than you claiming it. And given the source no more creditable.

[supercutebutt]

Ugh. Google and you will find more. Make your mother proud for once. Who knows, perhaps she'll even call you upstairs for an ice cream treat.

[Dargil]

Interest in EV is fading. It will take new technology to save it.

[DrPepper12]

No. Just no.

[Ariesman81]

The end of subsidies, probable lower fuel prices, less than efficient technology and possible anger fueled liberal retaliation against Musk.

[seeyounexttuesday]

So we’re going into another 4 years of your temper tantrums, eh?

[supercutebutt]

A temper tantrum is what you saw Fat Pumpkin and his cultists have on Jan 6, 2021. My posts are awesome little delights that get your panties all up in an angry little bunch. So fun. :)

Now you have TWO cult leaders! How embarrassing.

[seeyounexttuesday]

Aw cupcake, are you still playing Jan 6? How cute.

[supercutebutt]

Baby Jesus won't let you into Heaven because you sold your dirty soul to the Orange Devil. So sad :(

[seeyounexttuesday]

Awe. You’re so silly.

[Jerre]

Tesla auto stick began a spiral when Trump signed an EO rescinding the one that Biden put out claiming all autos would be electric by

[Jerre]

By 2035

[FenixG45]

Probably because people have seen that eyesore Cybertruck!😂

[Still-alive]

Elon doesn't know how to not be cringe.

[Pohjolan]

Lack of trust.

[ChicoFromThe305]

Cause Tesla's suck 😂

[Anonymous]

Because electric cars are bullshit.

[supercutebutt]

Electric cars are selling fine. It's Elon people hate.

[Opinion Owner]

No they aren't. People don't want them. Can't afford them. Dealer's can't sell them. You've got ford dealerships that have been Ford dealerships for decades leaving ford so they can sell used cars

[supercutebutt]

You are only talking about the US. There is an entire world. And electric care sales are up globally... except Tesla. Because Adolf Musk is a fucking dick and people hate him now. :)

[Opinion Owner]

The UK too. Mainly because the UK doesn't build cars really and because the British government is fascist with their taxes.
Musk may be a dick but he's been outselling vw in the us. The big thing is that Musk has sold most of his stock in tesla. Nobody wants electric cars. Too expensive and then yiu got fascist regimes like the UK government that intends to force people to buy them by taxing the shit out of drivers that drive older cars and making new gasoline cars more expensive with taxes so that expensive electric cars cost a little bit less.

[blackeagle007]

Ask Elon musk.

[beefcakebradybatson]

M-U-S-K !!!